soft loans

Update news soft loans

Vietnam among world’s top recipients of ODA, soft loans

 Vietnam has received 80 billion USD in official development assistance (ODA) and preferential loans since 1993, becoming one of the largest ODA recipients in the world, said Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh.

Drought plagues Central Highlands

 VietNamNet Bridge – Drought in the Tay Nguyen (Central Highlands) region has seriously affected farming and the lives of local residents in the region.

HCM City wants to borrow $1.5 billion for transportation and flood prevention

 VietNamNet Bridge - To have enough capital to invest in traffic works and to prevent flooding in the next three years, Ho Chi Minh City has proposed borrowing $1.5 billion of soft loans from the World Bank.

BUSINESS IN BRIEF 19/2

 Central bank pledges $2b in soft loans; January surplus tops 2013 figure; Sugar industry has huge stockpile; Nine cement projects removed from plans; Investors withdraw from IPs; Work to begin on $2.5b thermal plant

VND9 trillion of soft loans for realty companies

VietNamNet Bridge – The State Bank of Vietnam has issued a circular on providing low-interest loans to support the housing segment in line with Resolution 02/NQ-CP, under which as much as 30% or VND9 trillion of a credit line